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According to the market research analyst at Technavio, the growth prospects for the global commercial aircraft wing market will be affected by the advent of new wing designs to enhance aircraft efficiency. The shape and design of aircraft wings play an important role in defining aircraft operations. The wing is a vital element of the aircraft that enhances aircraft performance and maintains operating costs within the specified limits. The fundamental aim of aircraft design is to generate the required lift and streamline airflow while minimizing drag and weight acting on the aircraft. This phenomenon results in low fuel consumption and high cruise range. As a result, OEMs and public organizations such as NASA are considerably investing in the development of new wing designs. This market research report estimates that the global commercial aircraft wing market will grow at a CAGR of nearly 8% by 2021.
Another key trend that is envisaged to spur this market’s growth is the extensive use of composite cellular morphing technology for wings. A century ago, the Wright brothers accomplished their first Flyer 1 aircraft powered flight, using pulleys and wires that provided movement in the wood-and-canvas wings. After few years, separate, hinged flaps, and ailerons were developed to cause aircraft movement. But with growing technological advancements, a new kind of bendable wing was developed using cellular morphing technology. This new wing design helped simplify wing design and reduce fuel consumption by improving the wing aerodynamics.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by aircraft type
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Innovations landscape
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: Explore Technavio
Tags: model aircraft, aircraft parts, aviation technology, engineering, commercial aircraft wing market study, aerospace components market growth,
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